how i can protect offline wallet ? | Bitcointalksearch.org

deviant99

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Quote from: Just4smart on October 19, 2019, 10:21:59 PM

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?

just transfer it to a hardware wallet or paper wallet so you can protect your coins keeping it online can increase the chance of losing your coins and be careful when chatting someone online you dont know

ice098

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Quote from: Cling18 on October 31, 2019, 04:23:11 AM

How did your friend lost it when offline wallet is actually better than any online wallets? The best thing to do is to keep it safe and well. You have to keep it secure and protect your private keys. You shouldn't share it with anybody. Having an offline or hard wallet is actually safer than having an online wallet so securing and protecting it isn't hard.

Maybe the device that his friend using has a problem then he went to tech for them to fix it, but the tech knew that it has an offline wallet , or maybe he sell his device to someone without deleting the files , and lastly it is possible that the device you are using might have virus or malwares then hackers will blackmail him. Even hardware wallet are prone to hackers, a better security and firewall is needed.

Lizzie_Girl

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Quote from: d3nz on October 30, 2019, 10:10:04 AM

It would be much better to save the offline wallet on cloud, portable harddisk with lock, email account, and phone storage and still encrypted. And that's the safest thing i know on where to save offline wallet.

But how your friend lost the offline wallet? Did he sent the file? Deleted it? Controlled the pc by the other person? Much better not to trust anyone to access the offline walllet.

Cloud storage us a bad idea. Don't keep sensitive information online where someone could possibly get to it.
Maybe the friend never backed it up to begin with. This is why you must always keep two backups of every type. One one USB stick one on us HDD and 2 printed out QR codes.
This way nothing bad will happen and you will always have a backup. I think people mostly lose access to their own things more often then they are hacked.

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Quote from: sulendra12 on October 31, 2019, 04:05:12 AM

Quote from: princehandsome on October 30, 2019, 11:25:09 PM

I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong.

Offline wallet is much more better than online wallet. I didn't get it why would you say like that, when with offline wallet, there is no way that hackers could steal your money unless you do something dumb like share the private key and let unknown people store it for ya.

I suspected that princehandsome is confused between hardware wallet and online wallets because whst he says seems irrelevant. It doesn't match withe the facts about hardeare wallet Grin

. Anyway, like what I've said above, you can feel relief because you are now free from hackers somehow but the new challenge is how do you make sure that your wallet will not be personally stolen to you lol.

Cling18

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How did your friend lost it when offline wallet is actually better than any online wallets? The best thing to do is to keep it safe and well. You have to keep it secure and protect your private keys. You shouldn't share it with anybody. Having an offline or hard wallet is actually safer than having an online wallet so securing and protecting it isn't hard.

sulendra12

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Quote from: princehandsome on October 30, 2019, 11:25:09 PM

I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong.

Offline wallet is much more better than online wallet. I didn't get it why would you say like that, when with offline wallet, there is no way that hackers could steal your money unless you do something dumb like share the private key and let unknown people store it for ya.

It's just you and god that knows exactly what happen in hardware wallet.

Oneandpure

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Quote from: Just4smart on October 19, 2019, 10:21:59 PM

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?

Offline wallet is very safety wallet for saving your coins, you can hold multiple kinds altcoin in your offline wallet because very safety than you save your coin in online wallet like myetherwallet and exchange wallet, you can hold or save your coins in offline wallet how long time do you want and keep safety, but you have save your ledger offline wallet in correct place and never move to other hands.

abel1337

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Quote from: princehandsome on October 30, 2019, 11:25:09 PM

more precisely is that the hacker has managed to get your friend's private key and take all the coin assets in your friend's wallet. I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong. make it that's a lesson for you to always be careful. remember, the private key is the main one and you must store it in a safe place.

If you know how to store your private keys well, Then it is safe. We can't avoid such disasters like having your physical wrote private key destroyed or stole but you can do such as backups to claim it as soon as you notice that it is in a dire situation.

I have one physical wallet for my main hold (bitcoin) and other wallets like multiple online wallets that I use for my daily activities, I've been using crypto since 2013 and I didn't experience any hacking activities into my wallets.

Better if you buy a hard wallet. It is far more secure than some other offline wallets.

princehandsome

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more precisely is that the hacker has managed to get your friend's private key and take all the coin assets in your friend's wallet. I think it's too risky to store coins in an offline wallet rather than an online wallet because the security in the offline wallet is not strong. make it that's a lesson for you to always be careful. remember, the private key is the main one and you must store it in a safe place.

finzyoj

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Quote from: WatchMaker on October 30, 2019, 12:13:47 PM

I think the best way to protect your coins is by using the hardware wallet. With a hardware wallet, both your bitcoin and altcoins are safe since the hardware wallet is completely off-the-grid. By using this type of wallet no one have access to your wallet but you. Make sure to keep it in a secure place.

Of course! But the new challengd her is how do you make your hardware wallet secured? Hmm, using safety vaults could work but if you want to place it somewhere which no one whould have an interest to check it is on the book. Get an extra of your favorite book and carved a hole inside of it where your wallet could perfectly fit and place on it. You can store it in your bookshelf inside your house or bring it if you need it. I'm sure that robbers will not getting interested to rob a book right? Grin

.

WatchMaker

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Quote from: doomistake on October 22, 2019, 11:32:45 AM

Quote from: diahsw on October 20, 2019, 08:15:57 PM

Offline wallet does not mean safe from thieves, they do everything they can to satisfy their depraved appetite. I've also experienced it, I was almost frustrated, because the only way to avoid it is to maintain the privacy of the private key, don't let others know ... that's all, and don't easily click on any links from strangers .

It is safe, unless they are going to force you to give them your private keys personally, I can't think of any ways on how someone could stole your coins in an offline wallet, that's mysterious, and can you please tell the whole story to let me get your point, that'll be much appreciated and we could easily give our opinions on what you are going to do next time to protect your offline wallet.

Warning: Human errors are futile to resist

I think the best way to protect your coins is by using the hardware wallet. With a hardware wallet, both your bitcoin and altcoins are safe since the hardware wallet is completely off-the-grid. By using this type of wallet no one have access to your wallet but you. Make sure to keep it in a secure place.

k@suy

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Quote from: d3nz on October 30, 2019, 10:10:04 AM

It would be much better to save the offline wallet on cloud, portable harddisk with lock, email account, and phone storage and still encrypted. And that's the safest thing i know on where to save offline wallet.

But how your friend lost the offline wallet? Did he sent the file? Deleted it? Controlled the pc by the other person? Much better not to trust anyone to access the offline walllet.

Wallet in cloud is too risky too, hackers can encrypt the password and all the security stuff so that they can get the access to your wallet. Better to put 2FA in everything. By using hardware wallet you may save the key to portable hard drive, because it is a read only memory, it not prone to any virus or malwares , you only need to take care of it and dont let it fall because the disk inside might be damage.

d3nz

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It would be much better to save the offline wallet on cloud, portable harddisk with lock, email account, and phone storage and still encrypted. And that's the safest thing i know on where to save offline wallet.

But how your friend lost the offline wallet? Did he sent the file? Deleted it? Controlled the pc by the other person? Much better not to trust anyone to access the offline walllet.

Colt81

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Quote from: Just4smart on October 19, 2019, 10:21:59 PM

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?

I assumed that your friend lost his coin maybe because when he turned online which hackers have detected his wallet or he have been sharing his private keys in Facebook messenger. In my own opinion, the best thing to protect your offline wallet is avoid going online when you are not using your wallet and stop sending or sharing your private keys in social media sites because it is vulnerable in hackers.

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Quote from: ReiMomo on October 30, 2019, 08:47:48 AM

Okay, let's assume this unfinished story that the victim was sharing his private key online on social media or facebook messenger. I have suspected that the victim was accidentally shared the private key and that is very easy to recover the offline wallet into another wallet via importing the private key or passphrase. In this case, we should know our responsibility in keeping that valuable stuff and keep into a safe place and never trust people around you.

Of course keeping our wallet safe using offline resources can be done anonymously, and while making all important information towards it; I recommend using archive with password protection. Private key, passphrase or key store files is always vulnerable from any security breaches. That's why we're in need of these basic steps in protecting our valuable assets, because this involves a lot of money as it meets the desired value sooner.
One more important thing, don't store these privacy information at any of your google accounts, still not a safe idea.

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Quote from: ReiMomo on October 30, 2019, 08:47:48 AM

Okay, let's assume this unfinished story that the victim was sharing his private key online on social media or facebook messenger. I have suspected that the victim was accidentally shared the private key and that is very easy to recover the offline wallet into another wallet via importing the private key or passphrase. In this case, we should know our responsibility in keeping that valuable stuff and keep into a safe place and never trust people around you.

This might be the case since how can an offline wallet be accessed without any keys, or he save his key on the messenger, I mean by sending it to his own messenger since sometime I did it to save info but not private keys. Probably he send or his fb or receiver of the message fb access it or got hacked too. We should be careful about our key it maybe offline, in exchanges or mobile apps. Better have hardware wallet if plans to hold it long.

ReiMomo

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Okay, let's assume this unfinished story that the victim was sharing his private key online on social media or facebook messenger. I have suspected that the victim was accidentally shared the private key and that is very easy to recover the offline wallet into another wallet via importing the private key or passphrase. In this case, we should know our responsibility in keeping that valuable stuff and keep into a safe place and never trust people around you.

daarul50

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Quote from: jostorres on October 22, 2019, 11:16:20 AM

Quote from: Just4smart on October 19, 2019, 10:21:59 PM

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?

I still don’t get the correlation between chatting on Facebook and someone loosing offline wallet, the only way it would even have been possible is on online wallet, except maybe during the cause of the chat, he must have been carried away with the woman he was chatting with lol, and then exposed his password and his private keys to the person which should have been kept as secret, or could it be that he visited a site that had malware and them got installed on the computer which was able to give them access to the offline wallet.

The best way he can protect his offline wallet is to have it in a gadget he will not be using to visit all these websites, or just make use of hardware wallet like NANO because those are still the ones that can actually give him the safety that he needs and even at that, he needs to be careful of the information that he gives out when having chat with someone irrespective of how close the person is.

we all do confused by the case that op tried to elaborate.

it is just non sense with that short unfinished story, or maybe i suspect that he has problem in his english, no wonder.
an offline wallet like paper wallet seems easier to use and cost not as much as hardwallet like the ledger NANO , trezor , keepkey etc. which one op used? we have no idea and guess i think he is just using paper wallet .
however i think op did not responded anymore to this thread meanwhile let's report to mod to lock this thread and if someone interested to create a thread about how to maintain/keep an offline wallet secure, would be great , i maybe making one later.

elisabetheva

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Quote from: diahsw on October 20, 2019, 08:15:57 PM

Offline wallet does not mean safe from thieves, they do everything they can to satisfy their depraved appetite. I've also experienced it, I was almost frustrated, because the only way to avoid it is to maintain the privacy of the private key, don't let others know ... that's all, and don't easily click on any links from strangers .

Failure itself becomes the main until our wallet is not safe. if we don't make a crucial mistake it's clear that the existing wallet is also safe.
the most crucial mistake is to often open email links from those we don't know and open the web that we often use from Google.
links email and fake web , always making your wallet open and retrieve.

dillpicklechips

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Quote from: Just4smart on October 19, 2019, 10:21:59 PM

my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?

Does the wallet is hardwallet? if so then it can't be hack just like that it has a private key I conclude that while he's chatting I think I trusted that person that he gave his password or the private key itself that's a hypothesis number one the two is that your friend account on messenger got hack and I think the saved passwords and private key are there. There are many ways to have wallet got hack but its not on the wallet, but nevertheless let me gave you a tip that you should be careful on whom you trusted and always be wise.

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